Chapter 02 - Business Ethics and Social Responsibility

Test Bank for Business A Changing World 10th Edition by

Ferrell Hirt ISBN 1259179397 9781259179396

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Chapter 02
Business Ethics and Social Responsibility

True / False Questions

1. All business decisions cannot be judged as right or wrong, ethical or unethical.

FALSE

Whether made in science, politics, sports, or business, any organizational decision can be
judged as right or wrong, ethical or unethical.

AACSB: Ethics
Accessibility: Keyboard Navigation
Bloom's: Understand
Difficulty: 2 Medium
Learning Objective: 02-01 Define business ethics and social responsibility and examine their importance.
Topic: The Ethical Concerns that Affect Business
2. An ethical issue is an identifiable problem, situation, or opportunity that requires a person
or organization to choose from among several actions that may be evaluated as ethical or
unethical.

TRUE

An ethical issue is an identifiable problem, situation, or opportunity that requires a person

to choose from among several actions that may be evaluated as right or wrong, ethical or
unethical. In business, this choice usually involves weighing monetary gain against what a
person considers appropriate conduct.

AACSB: Ethics
Accessibility: Keyboard Navigation
Bloom's: Remember
Difficulty: 1 Easy
Learning Objective: 02-02 Detect some of the ethical issues that may arise in business.
Topic: The Ethical Concerns that Affect Business

2-1
Copyright © 2016 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of
McGraw-Hill Education.
Chapter 02 - Business Ethics and Social Responsibility

3. Ethical decisions in an organization are influenced by individual moral standards.

TRUE

Ethical decisions in an organization are influenced by three key factors: individual moral standards, the influence
of managers and coworkers, and the opportunity to engage in misconduct

AACSB: Ethics
Accessibility: Keyboard Navigation
Bloom's: Remember
Difficulty: 1 Easy
Learning Objective: 02-03 Specify how businesses can promote ethical behavior.
Topic: The Ethical Concerns that Affect Business

4. The concept of social responsibility is universally accepted.

FALSE

Although the concept of social responsibility is receiving more and more attention, it is still
not universally accepted.

AACSB: Ethics
Accessibility: Keyboard Navigation
Bloom's: Understand
Difficulty: 1 Easy
Learning Objective: 02-04 Explain the four dimensions of social responsibility.
Topic: Corporate Social Responsibility

2-2
Copyright © 2016 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of
McGraw-Hill Education.
Chapter 02 - Business Ethics and Social Responsibility

5. A major social responsibility for business is providing equal opportunities for all
employees.
TRUE

A major legal and social responsibility for business is providing equal opportunities for all
employees regardless of their sex, age, race, religion, or nationality.

AACSB: Ethics
Accessibility: Keyboard Navigation
Bloom's: Remember
Difficulty: 1 Easy
Learning Objective: 02-05 Debate an organization's social responsibilities to owners, employees, consumers, the environment, and the
community.
Topic: Corporate Social Responsibility

Multiple Choice Questions

6. The principles and standards that determine acceptable conduct in business organizations
are referred to as:
A. social responsibility.
B. business strategies.
C. business ethics.
D. business stances.
E. corporate citizenship.

Business ethics is defined as the principles and standards that determine acceptable conduct
in business organizations.

AACSB: Ethics
Accessibility: Keyboard Navigation
Bloom's: Remember
Difficulty: 1 Easy
Learning Objective: 02-01 Define business ethics and social responsibility and examine their importance.
Topic: The Ethical Concerns that Affect Business

2-3
Copyright © 2016 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of
McGraw-Hill Education.
Chapter 02 - Business Ethics and Social Responsibility

7. Which of the following statements is true?

A. All actions deemed unethical by society are also illegal.
B. The concerns of what is legal and ethical do not change over time.
C. The terms social responsibility and ethics should be used interchangeably.
D. Companies can be both profitable and socially responsible.
E. Businesses whose sole objective is to earn profit may not consider their social
responsibility.

Many consumers and social advocates believe that businesses should not only make a profit
but also consider the social implications of their activities. Socially responsible businesses
win the trust and respect of their employees, customers, and society and, in the long run,
increase profits.

AACSB: Ethics
Accessibility: Keyboard Navigation
Bloom's: Understand
Difficulty: 2 Medium
Learning Objective: 02-01 Define business ethics and social responsibility and examine their importance.
Topic: The Ethical Concerns that Affect Business

8. The term refers to a business's obligation to maximize its positive impact and
minimize its negative impact on society.
A. social citizenship
B. social strategy C.
social ethics
D. social responsibility
E. social rule

Social responsibility refers to a business's obligation to maximize its positive impact and
minimize its negative impact on society.

AACSB: Ethics
Accessibility: Keyboard Navigation
Bloom's: Remember
Difficulty: 1 Easy
Learning Objective: 02-01 Define business ethics and social responsibility and examine their importance.
Topic: The Ethical Concerns that Affect Business

2-4
Copyright © 2016 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of
McGraw-Hill Education.
Another document from Scribd.com that is
random and unrelated content:
It is so pretty to-day.
Let us go out and swing Baby.
Grace, you may swing with Baby.
Come, Frank. Let us swing them.
Pull, Frank. Pull the swing back.
Now let it go again, Frank.
You may run under the swing, Max.
Don’t you hear the birds singing?
They say, “Sweet! Sweet! Sweet!”
Look up over your head at the birds.
Sing, Baby! Sing, Alice! Sing, boys!

M. S. W .

1. Ba-by, swing, Dear lit-tle thing! Hap-py as a king.

PHONIC JINGLES
 P D

1. Baby, swing, swing

Dear little thing! thing
Happy as a king. king
2. Birdies, sing. sing
Sing on the wing. wing
Sweetest music bring. bring
3. It is spring. spring
Flower bells, ring. ring
Wide your fragrance fling. fling
4. “Spring, sweet spring!” spring
The children sing, sing
“It is lovely spring.” spring

Father, we caught a bat and an owl.

We caught them as we came home.
Grace says the owl looks like a cat.
The owl does look much like a cat.
Max says the bat looks like a rat.
I say it looks like a mouse.
Which does it look like, Father?
It looks very much like a mouse.
It looks like a rat too, Frank.
Father, tell about the owl and the bat.
Tell about Mr. Owl and Mrs. Bat.
An owl said to a bat,
“Do you know the rat, Mrs. Bat?”
“No, I do not, Mr. Owl,” said the bat.
“Well, you look very much like the rat, Mrs. Bat.”
“Can the rat fly, Mr. Owl?”
“Oh no, a rat can not fly, Mrs. Bat.”
“But, you see, Mr. Owl, I can fly.”
“Do you know the cat, Mr. Owl?” said the bat.
“No, I do not, Mrs. Bat,” said the owl.
“Well, you look very much like the cat, Mr. Owl.”
“Can the cat fly, Mrs. Bat?”
“Oh no, a cat can not fly, Mr. Owl.”
“But you see, Mrs. Bat, I can fly.”
Said the owl to the bat,
“What is that?”
“That’s the cat,” said the bat.
Said the owl to the bat,
“Do I look like that cat?”
“You do,” said the bat.

“Mr. Owl,” said the bat,

“What is that?”

“That’s the rat, Mrs. Bat.”

“Mr. Owl,” said the bat,
“Do I look like that rat?”
“You do, Mrs. Bat.”
Max, we are going to the orchard.
I know you will like the orchard.
The apple trees are so pretty.
They have flowers now.
The flowers are so sweet, too.
All the birds like the orchard.
I saw a nest there one day.
There were some little eggs in it.

Was it a chickadee’s nest, Alice?

No, it was not a chickadee’s nest.
I saw the bird fly to the nest.
I did not know what bird it was.
Here is the orchard, Max.
Let us get some flowers.
The apple trees have pretty flowers.
The apple flowers are red and white.
Oh, how pretty the apple trees are!
Look at the bees on the flowers.
Do you know what the bees say?

Down in the flower,

Hear me, the bee,
Going, “Zee, zee, z-ee!”
Out of the flower,
I come. Hear me hum,
Going, “Zum, zum, z-um!”

Zee Z zee z

The pigs like to come to the orchard.

They like the orchard as much as we do.
They come when there are apples here.
We saw all the pigs here one day.
We made a rime about Piggie Wee.
Tell about Piggie Wee and the bee.

You know how greedy Piggie Wee is.

One day he was in the orchard.
He saw an apple on the ground.
But there was a bee on the apple.
So the greedy pig ran after the bee.
Then the bee flew at Piggie Wee.
The bee made Piggie Wee run.
It flew after him and said, “Zee, zee!”
Piggie ran and said, “Wee, wee, wee!”
 PHONIC JINGLES

P D

1. Piggie-Wee
Saw a bee.
“See! See! See!
Here’s a bee bee
Under the tree. tree
I’ll get that bee,” bee
Said Piggie-Wee. Wee
2. Then the bee bee
Said in glee, glee
“Zee! Zee! Zee! Zee
Piggie-Wee!” Wee
This made him flee, flee
And, “Wee! Wee! Wee!” Wee
Cried Piggie-Wee. Wee

M. S. W .

1. Pig-gie-wee Saw a bee. “See! See! See! Here’s a

bee Un-der the tree.” “I’ll get that bee,” said Pig-gie-
wee.
We will go to the meadow to-day.
We will drive the cows to the meadow.
They all like to go there.
The sheep like the meadow, too.
They will be in the meadow to-day.
The meadow clover has its flowers.
I like to see the clover blooms.
They are sweet, red clover balls.

The bees are in the meadow all day.

They hum over the clover.
They like the sweet clover blooms.
Some of the clover blooms are white.
Some of them are as red as red can be.
I like to see the bees on the clover.
Let us run to the meadow.
Hear the bees hum, Max.
They go “Zum, zum,” as they hum.
Get down on the ground to see them.
Yes, I see them, Alice.
But I like to watch the lambs.
Watch that little lamb run and play.
Yes, that is my lamb, Max.
The other lamb is Frank’s.
Look at Bossy. Bossy is Grace’s cow.
Bossy has a little bell. Do you see it?
I like to hear Bossy’s bell.

It is time to drive the cows home.

Boys, please find the cows.
I don’t see Bossy. But I hear her bell.
Don’t you hear Bossy’s bell?
Yes, I hear it, Grace.
Bossy’s bell goes “Tinkle, tinkle, tinkle!”
I like to hear Bossy’s little bell.

We will go over the hill to the brook.

Bossy knows where to find water.
She knows where to find the big trees.
There! I see Bossy in the brook.
Let me drive her out, Frank.
I will go into the brook.
Very well, Max. Drive her out.
Knows Kn knows kn

M. S. W .

1. Tin-kle, tin-kle, tin-kle, Bos-sy’s lit-tle bell.

Tin-kle, tin-kle, tin-kle, Bos-sy likes it well.

PHONIC JINGLES
 P D

1. Tinkle, tinkle, tinkle!

Bossy’s little bell. bell
Tinkle, tinkle, tinkle!
Bossy likes it well. well
2. Tinkle, tinkle, tinkle!
Where she is ’twill tell. tell
Tinkle, tinkle, tinkle,
In the shady dell. dell
3. Tinkle, tinkle, tinkle,
Where the green grass grows, grows
Tinkle, tinkle, tinkle,
Where sweet water flows, flows
4. Tinkle, tinkle, tinkle,
Where the soft wind blows, blows
Tinkle, tinkle, tinkle,
All this Bossy knows. knows

Play “Two Little Black Birds,” Baby.

I will show you the birds.
Here are two black birds on a hill.
One is Jack. The other is Jill.
The two black birds will fly away.
Then they will come again.
Two little black birds
Sat upon a hill.
One was Jack.
The other was Jill.
Fly away, Jack!
Fly away, Jill!
Come back, Jack!
Come back, Jill!

Jack pack crack

back lack tack
quack rack stack
black track knack

Let us play “Hickory, dickory, dock.”

O Alice, Baby can not run!
Can she play that she is the mouse?
No, but she can watch us run.
Hickory, dickory, dock,
The mouse ran up the clock.
The clock struck one.
The mouse ran down.
Hickory, dickory, dock!

dock block stock

lock rock knock
clock cock mock
flock shock sock

Watch us play “Pease-pudding.”

When is the pease-pudding in the pot?
When is it hot? When is it cold?
When is the pease-pudding old?
Max and I keep time like a clock.
Pease-pudding hot,
Pease-pudding cold,
Pease-pudding in the pot,
Nine days old.
Some like it hot.
Some like it cold.
Some like it in the pot,
Nine days old.

cold gold sold

told fold mold
hold bold

We will play “Jack and Jill” now.

Alice will be Jill. Max will be Jack.
Jack fell down on his head.
Jill came tumbling after.
Max, come tumbling to the ground.
Then Alice must come tumbling after.
Oh you did it very well. Now sing.
Jack and Jill
Went up the hill
To get a pail of water.
Jack fell down
And broke his crown,
And Jill came tumbling after.

Jill fill sill

hill still rill
mill quill
 The children are playing “Jack and Jill.”
Alice says, “I must have a pail, Grace.”
Grace says, “Frank will get a pail.
Thank you. Here is the pail, Alice.
Mother says she will sing with us.”
“Thank you, Mother. Thank you.”
Jack, come tumbling down.
Now, Jill, you must come tumbling down.

Frank says, “Sing some other song.

Let us sing about the cunning mouse.
Mink is black all over. Baby loves her.
Do you love Mink very much, Baby?
Well, we will sing a song, Baby.
We will sing about your kitty.”

Thank Th thank th

“I’LL SING A SONG”

Ding-dong, ding-dong!
I’ll sing you a song.
It’s not very long.
It’s about a little mouse.
He looked very cunning
As I saw him running
About my father’s house.

Ding-dong, ding-dong!
I’ll sing you a song.
It’s not very long.
It’s about a little kitty.
 She is black all over,
And I know you’ll love her,
For she is very pretty.

dong long wrong

song strong prong

M. S. W .
With animation.

1. We’ve a lit-tle kit-ty, Just as black as ink;

She is ver-y pret-ty, And her name is Mink.

PHONIC JINGLES

P D

1. We’ve a little kitty

Just as black as ink. ink
She is very pretty,
And her name is Mink. Mink
2. She’s a silly kitty,
See her sit and blink! blink
Isn’t it a pity
She knows how to wink? wink
3. She’s a lazy kitty
Till there’s milk to drink. drink
Then she is so busy
 She’s no time to think. think

Jack, be nimble! Jack, be quick!

Jack, jump over the candlestick!
Don’t kick the candle over, Max.
The clock has struck bedtime.
Good night, children.

quick brick wick

chick tick lick
kick stick
 A SONG

Merry have we met

And merry have we been.
Merry let us part
And merry meet again.
With a merry ding-dong
Happy, gay, and free,
With a merry sing-song,
Again we’ll happy be.
 SONG OF THE LETTERS

abcdefghijk
ABCDEFGHIJK

lmnoplmnopq
LMNOPLMNOPQ
rstlmnopq
RSTLMNOPQ

rstuvwxyz
RSTUVWXYZ

That’s the way to say your A B C.

VOCABULARY

1. run
now
stop
2. see
Frank
Alice
3. do
you
I
4. the
ball
get
5. and
can
6. pitch
to
7. said
me
8. catch
it
9. did
a
yes
10. bounce
like
11. saw
 him
12. toss
up
13. have
with
14. kick
high
15. play
boy
not
16. Grace
will
hide
17. them
he
18. sister
find
19. us
she
20. come
jump
rope
21. has
children
22. here
walk
baby
23. is
your
24. dance
may
25. does
no
her
26. sing
for
27. hear
too
28. whistle
little
29. am
glad
31. what
my
32. show
hen
chicks
33. white
are
black
34. Jet
mother
duck
pretty
35. name
Ducky
Bet
36. Dot
kitty
but
37. how
look
Mink
38. make
sweet
cake
39. cousin
Max
must
40. Father
let
41. live
this
home
43. drum
doll
give
44. his
big
45. march
tap
rub-a-dub
46. quick
ran
that
say
47. Lad
dog
at
go
48. rats
49. stick
over
50. spot
on
bat
then
52. rabbit
Bun
apples
an
53. away
keep
pen
54. bed
sleep
in
55. where
oh
into
56. they
we
58. town
59. barn
horses
says
60. red
pull
oxen
drive
61. through
woods
 know
were
62. tell
trees
birds
as
63. head
there
sap
hole
65. school
write
way
nests
66. which
came
another
67. hop
quit
chickadee
tomtit
69. cows
pigs
greedy
be
70. Piggie Wee
Piggie Wig
curly
tail
goes
71. funny
rimes
 about
73. pond
under
violets
after
74. day
water
lay
all
75. bloom
brook
sheep
lambs
76. don’t
of
77. other
back
cluck
quack
80. caught
shoo
peep
bow-wow
81. frog
eggs
some
82. went
made
watch
84. again
out
time
 please
85. ground
86. was
thank
one
88. fly
hat
mouse
89. when
bake
90. down
hay
91. owl
flew
cat
93. window
95. shook
so
97. much
98. swing
100. very
Mr.
Mrs.
101. well
103. orchard
flower
104. bees
hum